Offshore lands. Oil and gas leasing and the environment on the Outer Continental Shelf

Book · Tue Jan 01 04:00:00 EST 1985

OSTI ID:5374248

Mead, W J; Moseidjord, A; Muraoka, D D; Sorensen, P E

The U.S. government owns almost a billion acres of land on the Outer Continental Shelf (OCS). This land may have as much as 40 billion barrels of oil and 230 trillion cubic feet of gas remaining to be put to profitable use. At the same time, development of these resources raises many sensitive environmental issues. In an attempt to address some of these concerns, in 1978 Congress mandated the use of bidding methods of OCS oil and gas leasing, in addition to the conventional cash bonus bidding system. Today these policies are universally criticized by developers, environmentalists, and state and local governments. In Offshore Lands, Walter Mead and his colleagues examine various problems, including the process by which firms bid for leases on OCS tracts; the property rights governing the use of OCS tracts, particularly as they affect resource conservation; environmental concerns pertaining to oil spills and the like; and political resistance from adjacent states and localities.

• OSTI ID: 5374248
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020100 -- Petroleum-- Reserves-- (-1989)
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
03 NATURAL GAS
030100 -- Natural Gas-- Reserves-- (-1989)
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
294002 -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
ALLOCATIONS
BIDS
CONTINENTAL MARGIN
CONTINENTAL SHELF
CONTRACTS
ECONOMIC ANALYSIS
ECONOMICS
ENERGY POLICY
ENERGY SOURCES
ENVIRONMENTAL IMPACTS
ENVIRONMENTAL POLICY
EXPLORATION
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GEOLOGIC DEPOSITS
GOVERNMENT POLICIES
INCOME
INSTITUTIONAL FACTORS
LEASING
LIABILITIES
LOCAL GOVERNMENT
MARINE SURVEYS
MINERAL RESOURCES
NATURAL GAS
NATURAL GAS DEPOSITS
NORTH AMERICA
PETROLEUM
PETROLEUM DEPOSITS
POLITICAL ASPECTS
PROPERTY RIGHTS
RESERVES
RESOURCE CONSERVATION
RESOURCES
STATE GOVERNMENT
SURVEYS
USA